BEC to hold workshop entitled “The Coal Tax and Other Follies”

The University of Asia & the Pacific strives to keep its stakeholders informed on the latest trends in key sectors of the economy. The recent Tax Reform for Acceleration and Inclusion TRAIN law has incorporated a staggered increase in tax on coal. This will affect coal prices and ultimately, electricity prices. Over the longer term, it will also affect generation investments and our energy portfolio.

Looming on the Philippine horizon is the Renewable Portfolio Standards, which will likely prescribe minimum electricity procurement from renewable sources. Is this the appropriate solution for the country? What are the pitfalls?

To help grapple with these changes, the Business Economics Club invites you to attend a workshop on “Coal Tax and Other Follies” to be given by Dr. Ricardo Barcelona. This workshop is not just for energy industry practitioners but also for those seeking to understand how this development will affect the Philippine electricity sector.

Dr. Barcelona has held senior executive roles at Shell Gas & Power, ABN AMRO Rothschild Warburg (now UBS) as well as in various industries in Hong Kong, Taipei, Madrid and London.  Dr. Barcelona obtained his Ph.D. in Management from King’s College, London in the UK and his MBA from the IESE Business School in Spain.

The workshop will be held on 7th of March 2018, Wednesday at the PLDT Hall, 4th floor, APEC Communications Building (ACB).  Registration starts at 1:15 pm.

The workshop fee is PhP 5,000.00 per participant (inclusive of a copy of the book “Energy Investments: An Adaptive Approach to profiting from Uncertainties” by Ricardo G. Barcelona, Palgrave Macmillan, 2017. Kindly fill out the online registration form so we can do the necessary preparation or email it to kellai.toledo@uap.asia on or before March 2, 2018.

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